Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 178.68 to 242.01 . . 175.8 (104.55%)
Intermediate 241.09 to 195 206.09 (24.06%) . .
Short 209.45 to 195 . . 206.09 (76.75%)